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First introduced in 2011, the cTrader platform now rivals other platforms like MT4 and MT5 thanks to its modern design, advanced order protection, depth of market indicator, advanced charting, and built-in copy-trading.
More experienced traders will like cTrader’s server-side trailing stop and advanced charting, while beginners will like its clear layout and the cTrader Copy feature. All traders will breathe easier knowing that cTrader is maintained by Spotware and cannot be altered by fraudulent brokers. Whatever the reason for your interest in cTrader, these are the best cTrader brokers in the world. They have been selected for their low trading costs, range of instruments, and quality of educational content.
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Broker | Official Site | cTrader | Regulated By | Website Language: English | Support Language: English | Compare | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
USD 100 | 30:1 | Yes | 2241 | 70 | Yes | Yes | |||||
USD 0 | 30:1 | Yes | 1597 | 90 | Yes | Yes | |||||
USD 200 | 30:1 | Yes | 1744 | 64 | Yes | Yes | |||||
AUD 100 | 30:1 | Yes | 10162 | 70 | Yes | Yes | |||||
EUR 100 | 30:1 | Yes | 905 | 73 | Yes | Yes |
Find Your Ideal Forex Broker
0.4 pips
SCB, DFSA, FSCA, FCA, CySEC
USD 100
Traders seeking a broker with market execution. Most trades are executed in less than 10 milliseconds, and only 9% of market orders receive negative slippage, which is perfect for scalpers and traders who like to take advantage of volatile markets.
The cTrader account at FxPro offers no requotes and will allow partial fills for orders that lack liquidity. Its spreads generally outperform the industry average, especially during peak hours. FxPro also provides a range of technical analysis indicators from Trading Central and a free VPS service.
The main drawbacks of FxPro include higher than average trading costs compared to other brokers and limited educational and market analysis materials.
FxPro | Best cTrader Broker
0 pips
CMA, BaFin, SCB, DFSA, ASIC, FCA, CySEC
USD 0
Traders seeking low trading costs on the cTrader platform. Pepperstone provides ECN execution and most orders are executed in less than 30 milliseconds, which is ideal for scalpers and clients who run expert advisors.
We especially like Pepperstone’s cTrader Razor account, which has an average spread on the EUR/USD of 0.10 pips – about as close as traders can get to true market prices, with a commission of 7 USD.
The main drawback is the ECN account’s complicated commission structure, which might confuse some traders.
Pepperstone | Best ECN cTrader broker
0.1 pips
CMA, FSA-Seychelles, SCB, CySEC
USD 200
Beginner traders looking for in-depth, well-structured educational materials, low trading costs, and 24/7 customer service.
IC Markets' Raw Spread Account has spreads down to 0.1 pips (EUR/USD) in exchange for a commission of 7 USD (round turn). It offers a great range of financial instruments, including over 1600 stock CFDs and 64 Forex pairs.
At 200 USD, the minimum deposits on its accounts are higher than other similar brokers.
IC Markets | Best cTrader Broker for Beginners
cTrader is an institutional-grade trading platform offered by a few Forex brokers.
A little-known fact: 35% more cTrader users are profitable compared to the industry average. This surprising statistic comes from Spotware’s internal calculations and highlights why cTrader has become MetaTrader’s main competitor. But what is it about cTrader that makes traders more profitable?
No price manipulation
Unlike MetaTrader and most other broker-owned platforms, cTrader does not allow any broker manipulation of the price feed. This means that it will only connect traders directly to the global Forex market and won’t allow for any dealing desk intervention.
No broker intervention
Spotware manages all the infrastructure behind cTrader, and the interface you download from your broker is just that — an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified.
Single Login
Because Spotware manages cTrader’s infrastructure, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you switch brokers.
Spotware is invested in your success
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
It’s important to note that because most cTrader brokers provide raw spreads, users may have to pay a commission on their trades.
cTrader offers three versions of its trading platform, and while the same indicators, objects, layouts and themes are present across all three versions, there are minor changes to functionality:
cTrader Download
The desktop version is the most feature-complete version of cTrader, download the application for any Windows PC or laptop. Unfortunately, for Mac users, there is no native application, and you will have to rely on cTrader Web or create a system partition to run Windows applications. It’s important to note that cTrader Copy will only run in the Web version,
cTrader Web
The cTrader Web version is almost as feature-complete as the desktop version except for a few changes. Charts are locked, so they cannot move up and down, and cTrader Automate is unavailable.
cTrader Mobile
Available on iOS and Android, the cTrader mobile app is perfect for traders on the go and has 26 timeframes and over 50 indicators available. Charts have been redesigned for mobile with features such as pinch-to-zoom, fling to scroll forward or backwards, and double-tap to re-centre.
The cTrader forum is a place for all cTrader users to post suggestions to the developers for new features for the platform, get support from the community and stay on top of any product announcements and other news. Spotware continuously improves cTrader with enhancements stemming mostly from community feedback; this regular interaction with traders results in several platform updates and upgrades a year.
The cTrader ID Site is a personalised toolbox for anyone holding a cTrader ID. It provides traders with several tools to control their accounts and connect to other traders, apps, and resources.
Standout features include:
Some feel cTrader is more beginner-friendly than MT4 and offers high-speed execution with a cleaner user interface. In the interest of balance, here are some of the main advantages and disadvantages.
Unlike MT4 and MT5, cTrader started life as ECN (Electronic Communication Network) platform, and traders will usually have to pay a commission on their trades when using it.
This means that it connected traders directly to the global Forex market and didn’t allow for any dealing desk intervention, whether automated or not. While cTrader can now be used by market makers, all the infrastructure behind cTrader is still managed by Spotware themselves, and the interface you download from your broker is just that, an interface. The broker can alter commission and spreads, but the price feed and market data cannot be modified or manipulated. Because of cTrader’s history as an ECN-only platform, most cTrader brokers do not have an opportunity to charge a fee in the spread and will charge a commission instead for their service.
Because cTrader’s infrastructure is managed by Spotware, the cTrader ID you receive when you first log in to the application will never change. This is especially useful as you won’t have to remember new passwords or account numbers, even if you change brokers.
cTrader is also offered to brokers on a platform-as-a-service basis, and brokers pay Spotware based on volume traded, meaning that the more traders succeed with cTrader, the more Spotware profits. The result is that Spotware has a real incentive to provide traders with the best chance to trade profitably.
These differences are all enshrined in Spotware’s founding motto: Trader’s First. This guiding mindset has led Spotware not only to ensure that cTrader is an intervention-free platform but also forced them to make transparency and community focus an integral part of cTrader’s business model.
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